|
Ocean
DriveRedevelopment Will Improve Property
Values
The ongoing
redevelopment of the beachside retail and commercial district will have a great positive
impact for the value of residential areas on “Central Beach”. The recent rebuild of Sexton
Plaza, the addition of several upscale hotels, and the planned improvements at Humiston Park
will increase the appeal of a central beach address.
Read More…..
Time is running out for first time
homebuyer tax credit
The Housing and Economic Recovery Act
of 2008 authorizes a $7,500 tax credit for qualified first-time home buyers purchasing homes
on or after April 9, 2008 and before July 1, 2009.
Read
More…..
Mortgage rates drop to lowest level since January
WASHINGTON
– Dec. 5, 2008 – Rates on 30-year
mortgages plunged this week to the lowest level since January after the government
launched a sweeping new effort to aid the U.S. housing market.
Read
More…..
November 2008 – Short Sale and Bank
Owned Sales
MLS # List
Price Sold Price Address Area
Beds Date
Affordability of Vero Beach Homes Highest in Years
First-time buyers are finally able to afford places of their own. Retirees are paying cash,
taking their money out of the stock market and putting it back into real estate. Buyers who
wait until they see prices rising on Vero Beach homes will likely pay
more!
Read
More…..
Foreclosures
and Short Sales
The recent decrease in home prices in Vero Beach,
Sebastian and through out Indian River County is partially due to short sales during
pre-foreclosure. Bargains seen in Bank owned properties that have gone through the
foreclosure process are also spurring buyers and investors to act.
Read
More…….
|
